Israel Active

Israel’s 1E Therapeutics has raised a record $120 million for an Israeli startup in the medical sector. Not much is known about 1E Therapeutics, but it is believed to be active in medicine development. It employs dozens of scientists working on an unspecified project.

Israel’s Pixellot has been included in the top 50 sports businesses in terms of innovation, according to the STA Group’s latest POWER List rankings. Pixellot was also named one of the top brands revolutionizing the sports broadcasting and OTT (Over the Top broadcast platform) industries.

Israel’s BioMeat is a public research and development partnership for foodtech investment traded on the Israeli stock exchange. It invests in Israeli companies, such as Rilbite and More Foods, which are developing non-animal protein foods that will be able to sustain the world’s growing population.

Japanese giant Fujitsu is partnering with the Ben-Gurion University of the Negev to launch a new cybersecurity center in Beersheba. It will employ 20 Israeli researchers and focus on joint research and technologies that help secure systems based on artificial intelligence (AI).

Israel Aerospace Industries (IAI) has won a contract from with the Emirates airline to convert at least four of its Boeing B777-300ER passenger planes into cargo carriers at a newly opened facility in Abu Dhabi. (See for IAI’s previous customers for this conversion work.)

The Israeli government has approved a $160.8 million plan to strengthen the communities of the Negev. Projects include a new hospital and enhancement of transportation and infrastructure. The development of the South is expected to improve the prosperity of the entire country.

Tel Aviv University Professor Eviatar Matania and Israel Defense magazine founder Amir Rapapor reveal in their book “Cybermania” that 40% of global private cyber investments are in Israeli firms. Cyber accounts for 15% of Israeli hi-tech exports and every third billion-dollar company is Israeli.

Morocco has purchased Israel’s Skylock Dome anti-drone defense system to “preserve the country’s national and strategic stability”. Morocco acquired five systems, in a deal signed at the International Defense Exhibition and Conference (IDEX) in Abu Dhabi.

Financial services giant Mastercard and Italy’s Enel X officially opened their “FinSec Innovation Lab” in Beersheba. It will work with Israeli cybersecurity startups, focusing on digital identity and authentication, platform security, fraud prevention and countering ransomware.

(November investments under $30 million) raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ;